Import prices in January
February 17, 2004
The U.S. Import Price Index increased 1.3 percent in January.
The 1.3-percent advance in import prices in January marked the fourth consecutive monthly increase in this series and was led by a 6.2-percent climb in petroleum prices, the largest rise in the petroleum index since February 2003. Over the past twelve months, however, petroleum prices were up a comparatively modest 2.8 percent.
Prices for nonpetroleum imports rose 0.7 percent in January and were up 1.5 percent during the January 2003-2004 period. Overall import prices rose 1.8 percent for the year ended in January.
Export prices gained 0.5 percent in January, following a 0.2-percent rise in December.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - January 2004" (PDF) (TXT), news release USDL 04-151.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in January on the Internet at http://www.bls.gov/opub/ted/2004/feb/wk3/art01.htm (visited May 27, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.